Tag Archives: Power Purchase Agreement

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Zen Energy Group kicks off construction of hybrid PV-BESS project in North Macedonia

Luxembourg-based Zen Energy Group has started the installation of a hybrid energy project in North Macedonia, combining a solar power plant and a battery energy storage system. A solar power plant with a battery energy storage system (BESS) could become the country’s second hybrid power plant, with Fortis Energy installing energy storage near Oslomej solar […]

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INA, E.ON sign power purchase agreement in Croatia

Croatian oil and gas company INA and German energy giant E.ON’s subsidiary in the Southeastern European country have signed a power purchase agreement for electricity from renewable sources. The power purchase agreement (PPA) will enable INA, majority-owned by Hungarian MOL, to use energy from its own power plants, even from remote locations where the produced […]

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Battery storage market in SEE emerging, Western Balkans lagging behind with positive prospects

The deployment of battery energy storage systems (BESS) across Southeast Europe is progressing at an uneven pace. State subsidies and financing mechanisms have enabled the rapid implementation of BESS solutions in Greece, Romania and Bulgaria, while markets in the Western Balkans are lagging behind. However, the outlook remains positive, as experiences from neighboring markets and […]

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